IRB Infrastructure zooms as its associate gets LoA worth Rs 9,270 crore
IRB Infrastructure Developers is currently trading at Rs. 45.17, up by 2.26 points or 5.27% from its previous closing of Rs. 42.91 on the BSE.
The scrip opened at Rs. 44.86 and has touched a high and low of Rs. 45.93 and Rs. 44.25 respectively. So far 3427942 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 61.98 on 10-Dec-2024 and a 52 week low of Rs. 40.54 on 26-Sep-2025.
Last one week high and low of the scrip stood at Rs. 45.93 and Rs. 42.11 respectively. The current market cap of the company is Rs. 27477.45 crore.
The promoters holding in the company stood at 30.42%, while Institutions and Non-Institutions held 52.99% and 16.60% respectively.
IRB Infrastructure Developers’ associate company -- IRB Infrastructure Trust has received the Letter of Award (LoA) from the National Highways Authority of India (NHAI) for the TOT-17 Bundle covering 366Kms of the Prestigious Lucknow-Ayodhya-Gorakhpur Corridor on NH-27 and part of Lucknow-Varanasi Corridor on NH-731, for a Revenue Linked Concession period of 20 years. The highest valued NHAI monetisation award for 20-year concession worth Rs 9,270 crore.
The Company has strong track record of constructing, tolling, operating, and maintaining around 19,000 Lane Kms pan India in its existence of more than 25 years in India. TOT 17 will increase the same by around 1,600 Lane Kms. After adding the TOT-17 project to IRB Group’s project portfolio (including Private and Public InvIT) will have 27 highway projects that include 18 BOT, 5 TOT, and 4 HAM projects.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
